Samsung and NVIDIA Discuss Expanding Cooperation on HBM and Foundry Operations

Samsung Electronics Device Solutions Division head Jeon Young-hyun and NVIDIA Chief Executive Officer Jensen Huang 8held a private meeting at the Shilla Hotel in Seoul. The meeting took place just before the Korea AI Ecosystem Reception. It was held to discuss cooperation between the two companies.

The meeting covered HBM supply, foundry cooperation, and plans for joint development of next-generation memory. Executive Jeon Young-hyun said they discussed how to pursue HBM4and foundry cooperation. He said they also discussed cooperation measures including joint development over the medium to long term.

Executive Jeon Young-hyun said, "We have been cooperating for a long time, and I think we had our best conversation today." He added, "We had many good conversations in a comfortable atmosphere." Specific contracts or schedules were not disclosed.

CEO Jensen Huang visited major Korean companies, including SK, LG, Hyundai Motor, and Naver, on the same day before holding his final engagement with Samsung. CEO Huang’s schedule in Korea consisted of a series of visits to multiple companies. The meeting with Samsung was the final event of the day.

Samsung Electronics Foundry Division President Han Jin-man responded to the TSMC chairman’s remarks at the same event, "10 years, 20even if it takes, we will achieve it." He expressed a long-term commitment to strengthening the competitiveness of the foundry business. The remarks were introduced as an answer to reporters’ questions immediately after the event.

The market points out that the gap in foundry market share is large. The market-share gap has widened by more than 60 percentage points. For now, no specific cooperation schedule or contract document has been disclosed, so further announcements are needed.